R3
- Company typePrivate
- Founded2014
- HeadquartersNew York, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
R3 firmographics
Firmographics- Name
- R3
- Legal name
- R3 HoldCo LLC
- Website
- https://r3.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
R3 industry classification
Industry- Product category
- Enterprise Blockchain Platform
- NAICS
- Custom Computer Programming Services (541511)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum) (FSAPAIAA)
- akta.pro secondary industries
- RWA Tokenization Platforms (asset onboarding, structuring, issuance) (FSAPAIAC), Tokenized Securities & Capital Markets Infrastructure (equities, bonds, funds, ATS/MTF connectivity) (FSAPAIAD), Borrowing/Lending Risk & Credit Infrastructure (on-chain credit scoring, risk engines, insurance wrappers) (FSAPAEAI)
Keywords
Where R3 is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
R3 business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Corda Enterprise Licensing: R3 offers Corda Enterprise with additional feature enhancements for customers looking to use DLT in production at scale. Corda open-source is free, but Enterprise edition provides enhanced capabilities for production deployments.
- Professional Services: R3 provides implementation services, expert services, and regulatory guidance to support financial institutions. Services include CorDapp development support, application support for live applications built by R3 Professional Services team, and consultation throughout the implementation process.
- Support Services: Three-tiered platform support offerings: weekday work hour support for experimentation phases, up to 24/7 support with access to expert team. Includes CorDapp support packages for maintenance of Corda-powered applications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | Corda Open Source - Free tier for development and experimentation |
| Subscription | Annual | Corda Enterprise - Production-scale deployment with enhanced features |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
R3 product offering
Product offeringCore offering
R3 designs, develops, and operates Corda, an open, permissioned distributed ledger technology (DLT) platform that powers the tokenization of assets and currencies in regulated financial markets. The company sells Corda Enterprise (a commercial, production-scale edition), the R3 Solana Toolkit for institutional-grade digital asset issuance on Solana, and R3 Labs solutions for tokenized real-world assets. R3 also provides professional services for CorDapp development, multi-tier platform support, and developer certification.
Product overview
R3 offers a platform-plus-modules architecture anchored by Corda, its open, permissioned DLT platform for tokenizing assets and currencies in regulated markets. The portfolio includes Corda Enterprise (commercial production version), the R3 Solana Toolkit (institutional-grade solutions for launching regulated assets on Solana), and R3 Labs (division for institutional DeFi). Services include flexible support tiers, CorDapp development support, and certification programs. The company expanded in 2025 through a strategic collaboration with Solana Foundation to bridge Corda networks with Solana's public blockchain.
Differentiator
Problem solved
Functional benefit
Products and services
- Corda Open, permissioned distributed ledger technology (DLT) platform powering the tokenization of assets and currencies in regulated markets. Corda enables businesses to share information, make agreements, and track transactions securely with privacy as the foundation, and is built with Java and Kotlin for multi-party applications.
- Corda Enterprise Commercial version of Corda with additional feature enhancements for customers using DLT in production at scale, including enterprise security, scalability, and support features.
- R3 Solana Toolkit Institutional-grade toolkit that enables builders and asset issuers to launch regulated, privacy-enhancing assets directly on Solana with compliance, wallet and custodian integration, validator curation, and freeze/seize capabilities.
- R3 Labs Division dedicated to accelerating institutional adoption of tokenized real-world assets (RWAs) on Solana, focusing on bridging traditional finance and DeFi through yield-bearing vaults and institutional-grade RWA products.
- Services and Support Flexible support offerings including platform support tiers (from weekday work hour support to 24/7 expert access), CorDapp development support, and CorDapp application support for live applications built by R3 Professional Services.
Quantifiable outcome
- Over €50-100 million per year in estimated cost savings for global banks using HQLAx collateral mobility platform
- +3 more outcomes
Companies that use R3
Customer profileNamed customers18 records
Segments4 records
Ideal customer profiles4 records
R3 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
R3 partnerships and signals
Strategic signalPartnerships
13 partnerships are on record, tiered flagship and core.
- BlackRockflagshipMajor institutional asset manager participating in R3's Solana integration initiative for tokenized real-world assets. BlackRock is exploring DeFi access through R3's infrastructure connecting TradFi to public blockchains.
- Franklin TempletonflagshipMajor asset manager participating in R3's Solana integration for institutional DeFi access. Franklin Templeton has launched tokenized money market funds and is exploring R3's RWA yield infrastructure.
- Central Bank of the UAEflagshipLong-standing partnership for CBDC development. The UAE partnered with R3 using Corda enterprise blockchain to develop both wholesale and retail CBDC solutions, with the goal of reducing costs, enabling near-instant settlement, and improving financial inclusion. First live government transaction using Digital Dirham on mBridge platform completed in 2025.
- Solana (Privacy Integration)coreIntegration of Corda platform with Solana's Confidential Balances feature, leveraging zero-knowledge proofs and homomorphic encryption for private transactions while maintaining regulatory compliance and auditability.
- Solana FoundationflagshipStrategic collaboration to integrate R3's Corda platform with Solana's public blockchain network, enabling regulated financial institutions to access Solana's high performance for digital assets. This integration enables private Corda transactions to be confirmed on Solana mainnet, bridging permissioned and public blockchain ecosystems. Solana Foundation President Lily Liu joined R3's Board of Directors.
- CGIcorePartnership with CGI and eleven banks to develop a blockchain-based trade finance application. CGI provides implementation services while R3 provides the Corda platform for trade finance digitization.
- IDEMIA Secure TransactionscorePartnership to transform CBDC payments both online and offline. IDEMIA provides secure transaction infrastructure while R3 provides the blockchain platform for CBDC implementation, targeting central banks seeking digital currency solutions.
- RadiancorePartnership to modernize title transfer and insurance process using blockchain technology. Radian's real estate title services combined with R3's Corda platform to digitize property transactions and insurance workflows.
- CSD PraguecoreCSD Prague selected R3's Corda as the DLT platform for European DLT Pilot Regime, becoming the first authorized DLT platform for securities settlement under this regulatory framework.
- QuantcorePartnership for UK Regulated Liability Network (RLN) experimentation phase. R3 and Quant served as technology partners delivering a multi-issuer DLT-based Tokenisation Platform and comprehensive API for interaction with all forms of money. Also supported UK Finance's RLN experimentation phase report publication.
- IvnocoreAcquired by R3 in October 2021 to add stablecoin issuance capabilities to Corda. Ivno's digital currency technology strengthens R3's ability to support enterprise-grade stablecoin issuance and tokenization of assets like gold and art.
- FnalitycoreR3 supports Fnality's blockchain-based payment system for interbank settlements. Corda enables the first cross-chain swap between Fnality and HQLAx, demonstrating interoperability capabilities.
- HQLAxcoreHQLAx built its collateral mobility platform on Corda, enabling ownership transfer of securities without cross-custodian movements. Platform provides estimated cost savings of €50-100 million per year for global banks.
Scale indicators10 records
Recent moves8 records
Expansion highlights7 records
R3 competitors and assessment
Company assessmentBroad incumbents
- Polygon Labs: Ethereum scaling and enterprise blockchain infrastructure (Polygon PoS, Polygon CDK, AggLayer). Comparable in providing infrastructure for tokenized assets and institutional DeFi, with growing overlap in regulated RWA initiatives.
- ConsenSys: Enterprise Ethereum infrastructure provider (Infura, MetaMask, Linea) serving financial institutions and developers. Comparable as an enterprise blockchain infrastructure provider with significant overlap in regulated-finance pilots and tokenization initiatives.
- Hyperledger (Linux Foundation): Umbrella open-source initiative for permissioned DLT frameworks including Hyperledger Fabric. Directly comparable as a competing permissioned DLT foundation targeting enterprise and financial-services use cases, with overlapping consortium and open-source adoption dynamics.
- Ripple: Enterprise blockchain and digital asset infrastructure provider (XRP Ledger, RLUSD stablecoin, Ripple Payments) serving banks and payment providers. Comparable in targeting regulated financial institutions with blockchain-based cross-border payments and tokenization.
Direct peers
- Digital Asset: Builds the Canton Network, a permissioned DLT for regulated financial markets. Directly comparable as a competing enterprise-grade permissioned blockchain platform targeting banks, FMIs, and asset tokenization — overlapping customer base and technology category with Corda.
- Fireblocks: Digital asset custody, settlement, and tokenization platform used by banks and institutional clients. Comparable in serving institutional tokenization workflows, with overlap on RWA issuance and integration with permissioned and public-chain infrastructure.
Emerging players
- Hedera: Enterprise-grade public distributed ledger (hashgraph) with tokenization and stablecoin capabilities. Comparable as an enterprise-focused DLT targeting regulated use cases and institutional tokenization, though with a different consensus architecture.
- Ondo Finance: Tokenized Treasury and institutional RWA yield platform with significant institutional adoption. Comparable as an emerging player in the tokenized-RWA and yield infrastructure space where R3 Labs is now positioning via Corda Protocol yield vaults on Solana.
Others
- Chainalysis: Blockchain analytics, compliance, and monitoring provider for institutions and regulators. Adjacent ecosystem participant rather than direct competitor, but overlapping institutional buyer relationships (banks, FMIs) and adjacent to R3's regulatory reporting and compliance positioning.
- Fnality International: Wholesale CBDC and interbank settlement network (Fnality Sterling, Fnality USD). Comparable as an ecosystem partner/participant on Corda (cross-chain swap integration via HQLAx) and as an adjacent institutional digital-payments infrastructure competitor for central-bank settlement.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
R3 social profiles
Digital presenceR3 compliance and trust
Trust signalCompliance3 records
R3 financial estimates
Financial estimateRevenue estimate
Valuation estimate
R3 leadership team
Management profileNumber of profiles
Profiles7 records
R3 subsidiaries and ownership
Company hierarchySubsidiaries2 records
R3 funding detail
Funding detailFunding overview
Funding rounds2 records
Investors46 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
R3 M&A and investment
M&A and investmentM&A1 record
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about R3
What does R3 do?
R3 designs, develops, and operates Corda, an open, permissioned distributed ledger technology (DLT) platform that powers the tokenization of assets and currencies in regulated financial markets. The company sells Corda Enterprise (a commercial, production-scale edition), the R3 Solana Toolkit for institutional-grade digital asset issuance on Solana, and R3 Labs solutions for tokenized real-world assets. R3 also provides professional services for CorDapp development, multi-tier platform support, and developer certification.
Is R3 a public or private company?
R3 is a private company. It is classified as corporate owned and is currently operating.
When was R3 founded?
R3 was founded in 2014. It employs 101 to 250 people.
Where is R3 based?
R3 is headquartered in New York, United States, in the North America region.
How does R3 make money?
Three revenue lines are on record. Corda Enterprise Licensing is the primary driver. The others are professional Services and support Services.
Who are R3's main competitors?
Broad incumbents on record are Polygon Labs, ConsenSys, Hyperledger (Linux Foundation) and Ripple. Direct peers are Digital Asset and Fireblocks. Emerging players are Hedera and Ondo Finance. Others are Chainalysis and Fnality International.
Does R3 have an API?
Yes. Corda provides REST APIs and Remote Procedure Call (RPC) client for integration with external software. Corda can be integrated with REST APIs or via RPC. Corda is written in Kotlin and is compatible with JavaScript for accessibility. Developer documentation is at docs.r3.com.
What industry is R3 in?
R3's product category is Enterprise Blockchain Platform. Its primary akta.pro industry code is FSAPAIAA, Permissioned Blockchain Platforms & Frameworks (Hyperledger, Corda, Quorum), with a secondary code of FSAPAIAC, RWA Tokenization Platforms (asset onboarding, structuring, issuance). Its NAICS code is 541511 and its SIC code is 6200.